Annual Report 2025

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Creating tomorrow’s solutions

Biosolutions

Sales for 2025 at Biosolutions were down 3.9 percent, falling to €360.4 million (2024: €374.9 million) due to lower volumes of established products and exchange-rate effects. Sales in the division showed positive development in Europe, and negative development in the Americas and Asia.

Due to the sales effects, lower project business relating to contract manufacturing, and low plant-utilization rates, EBITDA amounted to €20.7 million (2024: €35.1 million), which was well below the prior-year figure. The EBITDA margin was 5.7 percent (2024: 9.4 percent). EBIT was, moreover, impacted by approx. €90 million incurred by an impairment of goodwill associated with the acquisition of ADL Biopharma.

Capital spending fell compared to the previous year, down from €49.3 million in 2024 to €26.3 million in 2025. The division invested in technical equipment in the reporting period, including an automated packaging system and laboratory equipment. The number of employees as of December 31, 2025, totaled 1,127 (December 31, 2024: 1,189 employees).

Key data: Biosolutions

€ million

 

2025

 

2024

 

2023

 

2022

 

2021

 

 

 

 

 

 

 

 

 

 

 

Total sales

 

360.4

 

374.9

 

337.2

 

331.1

 

296.4

EBITDA

 

20.7

 

35.1

 

6.5

 

16.7

 

38.6

EBITDA margin (%)

 

5.7

 

9.4

 

1.9

 

5.0

 

13.0

EBIT

 

-122.6

 

-17.1

 

-20.1

 

-4.7

 

20.7

Capital expenditures

 

26.3

 

49.3

 

155.5

 

102.6

 

33.5

R&D expenses

 

7.5

 

9.6

 

5.5

 

4.8

 

5.6

Employees (number as of Dec. 31)

 

1,127

 

1,189

 

1,191

 

835

 

751